Structured Settlements: Policy Limits
Fifth in a series of blog posts dedicated to helping clients decide when a structured settlement should be considered.
Today’s Installment: Policy Limits
May 17, 2019 – People and businesses buy liability insurance to protect against personal or corporate financial loss when lawsuits are brought against them.
Resolving lawsuits can be problematic enough under the best of circumstances. But when accidents are severe enough and/or the liability limits too low to adequately compensate the plaintiff for their loss, the challenge is magnified.
Structured settlements can play a vital role in those situations where the accepted value of the case exceeds the policy limits.
Posted: May 17, 2019 | Category: Articles, Blog, Structured Settlements | Tags: lawsuit, personal injury, policy limits, structured settlements | Comments Off on Structured Settlements: Policy Limits